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22 U.S.C. § 286q — Proposal of light-capital or intermediate technologies as part of Bank’s development strategy
Federal law — U.S. Code and appendices · legal_authorities
**(a) Contents of proposed resolution** The United States Executive Director of the Bank shall propose to the Board of Executive Directors of the Bank the adoption of a resolution providing (1) that the development and utilization of light-capital or intermediate technologies should be accepted as major facets of the Bank’s development strategy, and (2) that such light-capital or intermediate technologies should be developed and utilized as soon as possible in all Bank activities. Such resolution shall further provide that, by the close of the calendar year 1977, some projects that employ primarily such light-capital or intermediate technologies shall be designed and approved.
**(b) Progress report to Congress** The United States Governor of the Bank shall report to the Congress no later than six months after May 31, 1976, on the proposal made under subsection (a), and no later than twelve months after such date on the progress that has been made with respect to such proposal.
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Source location: Title 22, Chapter 7, § 286q; chapter-007-international-bureaus-congresses-etc.md
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**(a) Contents of proposed resolution** The United States Executive Director of the Bank shall propose to the Board of Executive Directors of the Bank the adoption of a resolution providing (1) that the development and utilization of light-capital or intermediate technologies should be accepted as major facets of the Bank’s development strategy, and (2) that such light-capital or intermediate technologies should be developed and utilized as soon as possible in all Bank activities. Such resolution shall further provide that, by the close of the calendar year 1977, some projects that employ primarily such light-capital or intermediate technologies shall be designed and approved.
**(b) Progress report to Congress** The United States Governor of the Bank shall report to the Congress no later than six months after May 31, 1976, on the proposal made under subsection (a), and no later than twelve months after such date on the progress that has been made with respect to such proposal.
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Federal law — U.S. Code and appendices · legal_authorities
An appropriation of $120,000 annually is authorized, $60,000 of which shall be for the House delegation and $60,000 for the Senate delegation, or so much thereof as may be necessary, to assist in meeting the expenses of the United States group of the Mexico-United States Interparliamentary group for each fiscal year for which an appropriation is made, the House and Senate portions of such appropriation to be disbursed on vouchers to be approved by the Chairman of the House delegation and the Chairman of the Senate delegation, respectively.
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Federal law — U.S. Code and appendices · legal_authorities
Page 186
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286o
§ 286o. Administration as part of the Exchange
Stabilization Fund
(a) Special Drawing Rights
Special Drawing Rights allocated to the
United States pursuant to article XVIII of the
Articles of Agreement of the Fund, and Special
Drawing Rights otherwise acquired by the
United States, shall be credited to the account
of, and administered as part of, the Exchange
Stabilization Fund established by section 5302 of
title 31.
(b) Deposit in and withdrawal from Fund
The proceeds resulting from the use of Special
Drawing Rights by the United States, and pay-
ments of interest to the United States pursuant
to article XX, article XXIV, and article XXV of
the Articles of Agreement of the Fund, shall be
deposited in the Exchange Stabilization Fund.
Currency payments by the United States in re-
turn for Special Drawing Rights, and payments
of charges or assessments pursuant to article
XX, article XXIV, and article XXV of the Arti-
cles of Agreement of the Fund, shall be made
from the resources of the Exchange Stabiliza-
tion Fund.
(Pub. L. 90–349, § 3, June 19, 1968, 82 Stat. 188;
Pub. L. 94–564, § 5(1), (2), Oct. 19, 1976, 90 Stat.
2661.)
Editorial Notes
CODIFICATION
In subsec. (a), ‘‘section 5302 of title 31’’ substituted
for ‘‘section 10 of the Gold Reserve Act of 1934, as
amended (31 U.S.C. 822a)’’ on authority of Pub. L.
97–258, § 4(b), Sept. 13, 1982, 96 Stat. 1067, the first sec-
tion of which enacted Title 31, Money and Finance.
Section was not enacted as part of act July 31, 1945,
ch. 339, 59 Stat. 512, known as the Bretton Woods Agree-
ment Act, which comprises this subchapter.
AMENDMENTS
1976—Subsec. (a). Pub. L. 94–564, § 5(1), substituted
‘‘article XVIII’’ for ‘‘article XXIV’’.
S
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 286q
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